ots Ad hoc-Service: Nexus AG Massive growth of the NEXUS Group

28.08.2000 – 09:40

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Villingen-Schwenningen (ots Ad hoc-Service) -

NEXUS AG, a group of companies offering IT solutions for the
health industry that has been quoted on the Neuer Markt exchange
since 24th July of this year, managed to extend its business
activities enormously and to boost its rate of expansion during the
first half of the year 2000. The group's turnover increased in
comparison with the same period of last year by 183 percent to DM
28.3 million. This growth is attributable to, among other things, the
growing demand for the software products Med-Folio, an electronic
system of recording patient data, and INO-RMS, a radiology management
system, as well as to a number of company share purchases.

The group's results developed according to plan. Because of the
very large resources invested in the development and marketing of
software products (approx. DM 3.8 million), the building of a dense
service network (approx. DM 4.1 million) and the creation of the
Internet platform Medizin-Forum-AG (approx. DM 800,000), NEXUS showed
a deficit according to IAS of DM 4.2 million for the group as a
whole. In the same period of the previous year, the deficit amounted
to only DM 1.7 million. The result of the group's ordinary business
activity was a minus of DM 6.9 million as compared with a loss of DM
3.3 million in the first six months of 1999. The costs of the group's
admission to the stock market are not included in these figures.

At 30th June 2000 NEXUS was employing a staff of 406. One year ago
its employees totalled only 106.

During the second half of the year 2000 NEXUS intends to
concentrate on increasing its earnings potential and on rounding out
its product and company-share portfolios. The group hopes at the same
time to maintain the strong growth that it has shown up to now. It
plans, for example, to internationalize its business activities still
further. In this connection, among other things, it is hoping to reap
considerable benefits from the cooperation agreement concluded in the
first half of this year with the world's leading oncological
specialists, MDS Nordion, through which NEXUS has been able to secure
access to a global marketing channel in this sector.